For Which of the Following Audit Tests Is an Auditor

question 31

Multiple Choice

For which of the following audit tests is an auditor most likely to use attribute sampling?

• A)Making an independent estimate of the amount of a FIFO inventory.
• B)Examining invoices in support of the valuation of fixed asset additions.
• C)Selecting accounts receivable for confirmation of account balances.
• D)Inspecting employee time cards for proper approval by supervisors.

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Definitions:

Self-Awareness

The recognition and understanding of oneself, including one's traits, feelings, and behaviors, as distinct from others.

Self-Restraint

The ability to control one's emotions, desires, or actions through one's own will, often viewed as a virtue or personal discipline.

Ku Klux Klan-Style

Descriptive of the ideologies, symbols, or methods associated with the Ku Klux Klan, a historically racist and extremist organization in the United States.

Deindividuation

Deindividuation is a psychological state where an individual loses self-awareness and a sense of individuality, often resulting in uninhibited and impulsive behavior, usually in group settings.